LIC Aadhaar Shila Plan: The Life Insurance Corporation of India, or LIC, backed by the government has an array of insurance plans for people of almost all ages and categories. After bank and post office savings schemes, investing in LIC schemes is a popular way to save money among Indians, who look to invest in risk free savings that assure them a guaranteed amount of return on maturity. the LIC Aadhaar Shila plan is a non-linked, participating, individual, life assurance plan that is designed exclusively for women and girl child. Under this policy, you can get an amount of Rs 4 lakh if you invest Rs 29 daily.
The plan offers a combination of protection and savings and provides financial support for the family in case of unfortunate death of the policyholder any time before maturity and a lump sum amount at the time of maturity for the surviving policyholder. In addition, this plan also takes care of liquidity needs through its Auto Cover as well as loan facility.
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